Cheap Apartments for Rent in Beaver Island, MI from $400 (24 Rentals)

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Search the lowest-cost Apartments available for rent right now in Beaver Island.

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Ruth Park
2 to 3 Bedroom Apartments

Ruth Park

520 Wellington StTraverse City, MI 49686
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Annika Place
1 to 2 Bedroom Apartments

Annika Place

947 S Garfield AveTraverse City, MI 49686
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Mackinaw Apartments
1 to 2 Bedroom Apartments

Mackinaw Apartments

1327 Mackinaw AveCheboygan, MI 49721
  • Utilities Included
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Stargate Motel
2 Bedroom Apartments

Stargate Motel

4646 S Straits HwyIndian River, MI 49749
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Huron Apartments
2 Bedroom Apartments

Huron Apartments

210 W EtheringtonMackinaw City, MI 49701
Military
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Lighthouse Village
2 to 3 Bedroom Apartments

Lighthouse Village

400 Duncan AveCheboygan, MI 49721
  • Utilities Included
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Cheboygan Shores
1 Bedroom Apartments

Cheboygan Shores

328 Duncan AveCheboygan, MI 49721
Senior Living
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Osborn Commons
2 Bedroom Apartments

Osborn Commons

215 Osborne BlvdSault Ste. Marie, MI 49783
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Garfield Oaks
1 Bedroom Apartments

Garfield Oaks

3011 Garfield Rd NTraverse City, MI 49686
  • Utilities Included

Beaver Island, MI Local Guide

Cheapest Available Beaver Island Apartments for Rent and Nearby

 

The cheapest available apartment rental in Beaver Island, MI is a 2 Beds unit found at Ruth Park in the Downtown Traverse City neighborhood priced from $454. Osborn Commons has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,025. Here is today’s list of the most affordable Beaver Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ruth ParkTwo Bedroom2BR,1BA$454
Osborn CommonsTwo Bedroom2BR,1BA$1,025
Lighthouse Gardens Apartments2Br2BR,1BA$1,028
The Flats at Carriage CommonsOne Bedroom1BR,1BA$1,081
The AnnexUnit 51BR,1BA$1,200

Best Value Apartments for Rent in Beaver Island, MI and Nearby

As of August 03, 2025 the best value apartment in the Beaver Island area is the $1.48 price per square foot Cedar Model at Pines45 Apartments in the starting from $1,750. The second greatest value Beaver Island apartment is the Three Bedroom Model at Ruth Park starting at $1,800 with a $1.61 price per square foot in the Downtown Traverse City neighborhood. Here is today’s list of the best values for Beaver Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pines45 ApartmentsCedar2BR,2BA$1.48
Ruth ParkThree Bedroom3BR,2BA$1.61
Osborn CommonsTwo Bedroom2BR,1BA$0.95
Brookside CommonsTwo Bedroom2BR,1BA$1.20
Holiday Village Townhomes2 BED/1.5 BATH2BR,1.5BA$1.66
Legends Morgan FarmsHarbor1BR,1BA$2.08
The AnnexUnit 31BR,1BA$1.58
Annika PlaceOne Bedroom1BR,1BA$2.08
Lighthouse Gardens Apartments1Br1BR,1BA$1.62
The Flats at Carriage CommonsStudioStudio ,1BA$2.19

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Getting Around Beaver Island, MI

Walk Score®

28 / 100

Car-Dependent

Most errands require a car

Bike Score®

33 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Beaver Island Apartments

How much is rent for a Cheap One Bedroom Beaver Island Apartment?

The lowest price for a Cheap One Bedroom Beaver Island Apartment is $1,050 at Lighthouse Gardens Apartments.

What is the lowest price for a Cheap Two Bedroom Beaver Island Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Beaver Island is starting from $454 at Ruth Park.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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